Domain name reseller
The Internet is an ever-growing platform that delivers new possibilities to gain money online. One of these possibilities is to be a domain name reseller and offer domains to end clients, gaining revenue from the difference between the wholesale and the retail price of each domain name. Thousands of domains are registered each day, and there are 1 000 000's of currently functioning domain names, so this is a flowering business niche that you can become a part of.
Top-Level and Second-Level Domains
A domain name is composed of 2 parts - a top-level domain name (TLD) and a second-level domain name (SLD). If we take domain.com, for example, ".com" is the Top-Level Domain and "domain" is the Second-Level Domain.
Generic and Country-Code Top-Level Domains
The TLDs can be generic or country code. The generic TLDs include the most famous domain name extensions like .com, .net, .org, .mobi, .info, while the ccTLDs involve two-letter abbreviations that signify each country. Instances of country-code top-level domain names are .ca, .me, .fr, .es, and so on. Each Top-Level Domain, whether it is a generic TLD or a country-code Top-Level Domain, has a Registry - an institution that manages the registrations and sets the requirements that each specific Top-Level Domain may contain, including the duration of the registration term or the residency of the registrant. Certain Registrar corporations work under the Registry. These are the companies that in fact sell the domain name to clients and administer all DNS resource records.
Gain Money From Reselling Domain Names
Numerous Registrars have reseller programs that allow people to earn money from selling domain names to end clients. If you subscribe to such a program, you can start your own electronic business. Normally, a domain will cost less if it is registered through a reseller rather than if it is obtained straight from the Registrar by an end client. The explanation is that resellers can contact more persons in local communities or countries where the Registrar may not be popular whatsoever. This means more sales for the Registrar, so both parties will make a profit from that. Your profit will be the difference between the price that the user pays and the one that the Registrar imposes for the domain registration.
Trade Top-Level Domains On Behalf Of Your Own Personal Brand
When you sign up for a domain reseller program, you will acquire a CP where you can settle the prices for the individual TLDs that the Registrar offers. Most corporations also offer billing software and web page skins for your virtual storefront, and the automation of the entire procedure together with the rising demand for domains make the domain name reseller market so seductive. You will either get a pre-made site and avail of the Registrar system to sell domains, or they will offer you access to their API (Application Programming Interface) so that you can make your very own personal web portal and form for placing orders. Commonly, you have the opportunity to decide between the 2 options, so it all revolves around how accomplished you are in these affairs. As a domain reseller, you will operate on behalf of your very own personal brand and not under the Registrar's.
Gain Revenue From Trading Web Site Hosting Solutions Too
A suitable addition to your domain name reseller business would be to sell web hosting packages too. Thereby, you can give a package deal to persons who would like to run their site and require both a domain name and a webspace hosting package. Given firms have such options. With 'ResellersPanel', for example, you can run a VPS or a dedicated server, and they will also offer you a domain reseller account and free-of-cost invoice software to charge your customers. You can then sell domain names and shared website hosting accounts to customers, and since they provide many different domain name extensions, you will be able to offer domain name and hosting services to persons from all over the globe.